Posts by Nicole Nelson6

Adam Hernandez84 said:Greetings, everyone..

Since I’ve been looking into getting a loan myself, I spent days scouring Google, when suddenly—out of nowhere—I stumbled upon an ad claiming to be from a foreign investor. To make matters weirder, the guy was writing in perfect American English, claiming to be based out of Savannah and working for a firm called Progress. He insisted the investor wanted to remain anonymous. The individual I was messaging went by Mario, and his email address was mario-poslovi@net.hr. He started asking for all sorts of paperwork: bonds 1 and 2, my ID, and other documents. He even asked if I consented to him reviewing them. Naturally, I sent over scanned copies. When I requested a relatively small amount, he assured me it would be incredibly easy to secure and sent over a form for JPMorgan Chase. I filled it out, applied my seal, and sent it back. After that, he began demanding scans of my bank card, my PIN, and some other details I can't quite recall. He promised the Contract would follow via email, detailing everything about the investor. I refused to send those sensitive details before seeing a formal agreement. Once I started digging around and asking too many questions, he just stopped responding to my emails entirely.
The confusing part is that he actually told me to come visit him IN PERSON in Savannah to hand over the documents. I told him that was a bit much and suggested we stick to email, but he kept mentioning how busy he was. Now, whenever I try to reply to that email, I get an automated bounce-back saying his inbox is full. At one point, he gave me a Facebook profile as an alternative way to send the info, so I'll leave the link here. Perhaps someone else will reach out and find out if there's any truth to his claim about meeting in person, though it strikes me as incredibly bizarre that anyone would ask for a scan of a payout card and a PIN, or suggest that I could just walk into a bank, say I'm there for the cash and the Contract, and change my PIN then. It makes no sense. Yet, the man was very diligent about sending official-looking JPMorgan Chase forms. Now, I'm genuinely worried they might exploit my seal and signature (I was intending to use my business stamp). Can they really just scan a signature and run with it?! 😢

Here is the Facebook profile we were using to chat later on--
https://www.facebook.com/mario.turak?fref=ts

Maybe you should take that straight to the Department of Homeland Security for attempted fraud.

As a certified loan broker, I've never heard of anything like this procedure. 👎

hollowraven17 said:I’ve also been on the phone a few times with this woman—someone here in the States claiming she works for that German Scholz finance firm out of New York City regarding a mortgage loan. Everything sounded great at first, low interest rates and all that, but I couldn't help feeling suspicious when she said I had to pay $2,000 upfront just to cover "processing fees"—stuff like translation costs, her travel expenses to Germany, and various paperwork.
😁
She kept insisting the firm was totally secure and that there wouldn't be any issues, but still...
Anyway, I ended up hanging up on her because paying $2,000 in advance to some stranger feels like way too much money to just throw away on a hunch...
Has anyone else actually secured a mortgage through them, or maybe someone else got contacted by them and heard the exact same story??
I'm really curious to know!

I've actually seen some of their "pre-loan" setups before...

Basically, you hand over $2,000, and they promise that in a year or two, you'll land a loan for, say, $200,000 at a 2-4% fixed rate.

If you fall for that, well, I guess that's on you.

Honestly, just take that $2,000 and go out for a nice dinner instead. At least then you know where the money went. 😂

You aren't going to get a mortgage if you're living abroad. It's not even about legal hurdles, you just won't. Unless, I guess, your income is based in the States and the property is here too...

Just empty talk.

At least for now...

Adam Ross7 said:I’ve got two separate accounts sitting at Prudential where I’ve tucked away $10000 each. Honestly, the growth has been painfully slow. Based on what’s there, the agreed amount per contract is about $12000—which technically means I could qualify for a loan of $2000. I have no idea why the numbers are set so low. Someone else I know could easily pull a $0.00 credit line. But since my current setup isn't built that way, my advisor is pushing me toward signing new contracts, converting everything from dollars to euros within the savings plan, and then applying for the loan. They also mentioned some kind of bridge financing with a fixed rate of 2.99%.
I'm stuck. Do I try to get a loan in dollars, sign those new contracts they're peddling, or is there a way to bypass the whole thing? Or, I could just take my cash and walk away to grab a $46667 mortgage from a major bank like Chase. It sucks because I spent five years building up these two accounts, and I really wanted to see some actual benefit from all that waiting.

Just watch out for that bridge financing—that fixed rate might only last for a little while. I'd say just go to a bank for the loan. The total interest usually ends up being lower.

I’m with the person above on this one. Residential loans just take way longer to process. And about those Prudential reps—well, it's like any multi-level sales setup, the staff quality can be hit or miss, while the clients might be... I don't know, maybe a bit too demanding?

With home loans, honestly, it's all about the end result!!! If you managed to land a mortgage at a decent rate with pretty standard terms, then you should probably just be happy with that.

A lot of us are basically stuck renting because we just don't have the credit score to qualify.

I guess you could just pull out the specific articles and terms you need to know from the law here...

Basically—if you want to keep the car, that final payment is $6,000.00. The rest of the value is just part of the debt that gets paid off at the end, I guess.

It’s not quite the same as a standard loan, but you usually need about a 30% down payment. Basically, you're just renting the car until the lease is paid off. Once everything is settled, you can usually buy it out for whatever the remaining value is.

Just look up any big leasing company...

placidmaker6 said:Of course it’s possible. Interbank clearing doesn't run on weekends.

(via Tapatalk)

Yeah, I agree. It probably won't clear until Monday morning.

Jonathan Williams6 said:Hey everyone, I’m in a bit of a panic and really need any resources you might have regarding the licensing exam to become an insurance agent through Honeywell 🙂 I’m specifically looking for practice questions and study guides since the test date is creeping up on me and I honestly feel like I haven't even begun to wrap my head around the material... From what I’ve been reading in various threads, it sounds like there might be several different versions of these study manuals?! I managed to download the one from Vukadin, but now I’m sitting here wondering if that’s actually going to be enough to get me through... Please, if anyone can help, I would be so incredibly grateful! 😕

Honestly, just forget the study guides. There's a list of questions you can use. I just studied directly from the law and somehow managed to pass...